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1-bed · 1,288 sqftGolden Mile 03, Palm Jumeirah · 3rd floor · completed 2009

3306, Golden Mile 03

Sold prices and rental history: sold 5 times, last in July 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3306 · DLD and Ejari recordsUpdated 9 July 2017
Last soldAED 1.55M9 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3306, Golden Mile 03

What is 3306 worth today?

Last sold for AED 1,550,000 in 2017

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9 Jul 2017SoldReady
AED 1,550,000AED 1,203 per sqft
18 Mar 2014SoldOff-plan
AED 1,800,000AED 1,397 per sqft
19 Sep 2012SoldOff-plan
AED 1,220,000AED 947 per sqft
23 Nov 2009SoldOff-plan
AED 1,070,000AED 830 per sqft
30 May 2004Sold by developerOff-plan
AED 1,070,000AED 830 per sqft

Source: Dubai Land Department. Updated 9 July 2017.

Key facts

Type
1-bed apartment
Size
1,288 sqft
Floor
3rd of 7
Parking
Building 3-B3-139
Developer
Souq Residences
Completed
2009
Service charge
AED 20,000 /yr
Last sold
AED 1.55M · July 2017
Building
Golden Mile 03

About 3306, Golden Mile 03

3306 is a one-bedroom apartment of 1,288 sqft on the 3rd floor of Golden Mile 03, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 9 July 2017 for AED 1,550,000, or AED 1,203 per sqft, 45% above the AED 829 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3306 over time

Sales
Unit 3306, each saleTypical one-bed in Golden Mile 03
1M2M2004200820122016Typical sale price by year: 2009 AED 1,055,000; 2012 AED 822,500; 2013 AED 1,400,000; 2016 AED 595,000; 2017 AED 1,575,000Sold by developer, May 2004: AED 1,070,000 (AED 830 per sqft)Sold, November 2009: AED 1,070,000 (AED 830 per sqft)Sold, September 2012: AED 1,220,000 (AED 947 per sqft)Sold, March 2014: AED 1,800,000 (AED 1,397 per sqft)Sold, July 2017: AED 1,550,000 (AED 1,203 per sqft)

3306 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3306, each contractTypical one-bed in Golden Mile 03
100K2014201820222026Typical rent by year: 2014 AED 115,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 107,500; 2018 AED 100,000; 2019 AED 87,500; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 79,500; 2023 AED 90,000; 2024 AED 119,000; 2025 AED 130,000; 2026 AED 130,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Golden Mile 03, and where 3306 sits

All 18 1-beds →

3306 last sold in July 2017 at AED 1,203 per sqft, 45% above what one-beds in Golden Mile 03 were fetching at the time (AED 829). Over the last 12 months one-beds sold for AED 2,700,000, around AED 2,070 per sqft, and rent for AED 115,500 to 147,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Mar 20262,700,000
23 Jul 20252,125,000
4 Sep 20242,150,000
6 Feb 20241,750,000
1 1-bed sale in the last 12 months

Golden Mile 03

Building

85 apartments, 1-bed to 4-bed over 7 floors in Palm Jumeirah, completed in 2009 by Souq Residences. 6 sold in the last 12 months.

Typical price per sqft
AED 1,870
Typical sale
AED 3.69M
Typical rent
AED 169K /yr
Typical yield
5.3%
Golden Mile 03, Palm Jumeirah: prices, sales and rents →

Other units on the 3rd floor

All 85 units in Golden Mile 03
Value
33011-bedAED 1.58M · Sep 2017
33022-bedAED 3.4M · Sep 2026
33032-bedAED 1.81M · Mar 2013
33041-bedAED 1.04M · May 2009
33052-bedAED 1.24M · May 2009
33072-bedAED 1.28M · May 2009
33083-bedAED 2.65M · Feb 2019
1–7 of 11

3306, Golden Mile 03 in numbers

  • Sold 5 times: first on 30 May 2004 for AED 1,070,000, last on 9 July 2017 for AED 1,550,000 (AED 1,203 per sqft).
  • One-beds in Golden Mile 03 sold for AED 2,700,000–2,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,870 per sqft.

Source: Dubai Land Department. Updated 9 July 2017.

Questions about 3306, Golden Mile 03

What did unit 3306 last sell for?

AED 1,550,000 on 9 July 2017: AED 1,203 per sqft for 1,288 sqft. The unit has 5 registered sales; the first was AED 1,070,000 in May 2004.

How big is unit 3306?

1,288 sqft (119.7 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 3306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golden Mile 03 sold for AED 2,700,000 to 2,700,000 in the last 12 months, around AED 2,070 per sqft.

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Mortgage on 3306, Golden Mile 03

Starts from the last sale price (AED 1.55M, 9 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →